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Report: Average Buyer’s Agent Commission Up Slightly Since New NAR Rules
The average buyer’s agent commission during the third quarter was 2.42%, up from 2.36% one year earlier, while commissions were virtually flat compared to the previous quarter. According to a new data report from Redfin, commissions are at roughly the same level they...
Report: Average Buyer’s Agent Commission Up Slightly Since New NAR Rules
The average buyer’s agent commission during the third quarter was 2.42%, up from 2.36% one year earlier, while commissions were virtually flat compared to the previous quarter. According to a new data report from Redfin, commissions are at roughly the same level they...
Mortgage Delinquency Rate Up During Q3
The delinquency rate for mortgages on one-to-four-unit residential properties increased to a seasonally adjusted rate of 3.99% of all loans outstanding at the end of the third quarter, according to data from the Mortgage Bankers Association (MBA). The delinquency rate...
News Report Uncovers Bill Pulte’s Ownership of Broken-Down Florida Trailer Parks
An investigative feature published by the New York Times has uncovered a previously unreported aspect of Bill Pulte’s portfolio: ownership of five trailer parks in Florida that are in various stages of disrepair. The trailer park investments were not highlighted in...
Indiana Home Sales Up 4%
A total of 7,177 residential properties were sold in Indiana during October, up 4% from one year earlier, while pending sales totaled 6,795, a 1% dip from the previous year. According to data from the Indiana Association of Realtors (IAR), the 9,517 new home listings...
NEWS & CURRENT EVENTS
Realtor Becomes Viral Video Hit for ‘Walk Across Water’ Gaffe
To date, her TikTok video amassed more than 7.8 million views. Continue Reading Realtor Becomes Viral Video Hit for ‘Walk Across Water’ Gaffe
Foreign Interest in US Real Estate Cooled Slightly in Q3
Miami remained the top destination for international shoppers in the third quarter, capturing 8.4% of all views from overseas. Continue Reading Foreign Interest in US Real Estate Cooled Slightly in Q3
FHLBank Topeka Awards $5 Million in Native American Housing Grants
This year’s grants are being presented to 16 tribes and tribally designated housing entities in Colorado, Kansas, Nebraska, and Oklahoma. Continue Reading FHLBank Topeka Awards $5 Million in Native American Housing Grants
Knock Rolls Out New Bridge Loan Plus
The product supports a variety of loan programs, including VA loans, and carries a one-time 2.25% fee Continue Reading Knock Rolls Out New Bridge Loan Plus
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Federal Reserve Drama: Wall Street Journal Slams Pulte on GSE Mortgage Fraud Efforts; Second Criminal Referral Against Cook
Pulte announcing a second criminal referral against Cook on his personal X account. Continue Reading Federal Reserve Drama: Wall Street Journal Slams Pulte on GSE Mortgage Fraud Efforts; Second Criminal Referral Against Cook
Long Island Real Estate Attorney Sentenced on Larceny Charges
Daniel Boldi entered guilty pleas last October to 13 counts of grand larceny in the second degree and one count of scheme to defraud in the first degree. Continue Reading Long Island Real Estate Attorney Sentenced on Larceny Charges
Unicoin Seeks Dismissal of SEC’s Fraud Lawsuit
Unicoin stated the SEC’s lawsuit lacked evidence to prove its case against the company. Continue Reading Unicoin Seeks Dismissal of SEC’s Fraud Lawsuit
Texas Acquires 2 Hotels Adjacent to the Alamo
The Menger Hotel was built in 1859, and the Crockett was built in 1909. Continue Reading Texas Acquires 2 Hotels Adjacent to the Alamo
Gov. DeSantis: Canadian Tourist Money Will Fill Void if Property Taxes Are Eliminated
However, current trends are showing a decline in Canadian arrivals in the Sunshine State. Continue Reading Gov. DeSantis: Canadian Tourist Money Will Fill Void if Property Taxes Are Eliminated
Mortgage Originations Up 19% During Q2
A total of 689,217 refinance loans were issued in the second quarter, up 16.4% from the prior quarter. Continue Reading Mortgage Originations Up 19% During Q2
Connecticut Estate Once Owned by Mike Tyson and 50 Cent Listed for $9.9 Million
The 17.6-acre property features a 51,000-square-foot home with 19 bedrooms. Continue Reading Connecticut Estate Once Owned by Mike Tyson and 50 Cent Listed for $9.9 Million
Valerie White to Lead LISC’s National Housing Team
White has served as senior executive director at LISC New York since 2020. Continue Reading Valerie White to Lead LISC’s National Housing Team
New Shariah-Compliant Real Estate Platform Aims for US Investors
The US launch builds on Wahed’s earlier UK-based operations. Continue Reading New Shariah-Compliant Real Estate Platform Aims for US Investors
30-Year Fixed-Rate Mortgage Downticks to 10-Month Low
The 15-year fixed-rate mortgage averaged 5.69%, unchanged from last week. Continue Reading 30-Year Fixed-Rate Mortgage Downticks to 10-Month Low
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Weekly Real Estate News covers the U.S. real estate and home finance industries and is written for industry professionals. It includes weekly news, trends, analysis and profiles of industry leaders. The publication reaches 1.25 million real estate professionals and offers an unbiased look at the industry’s most important issues. The publication offers subscribers frequent email newsletters and breaking news stories as well as access to the industry’s most experienced thought leaders.
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